Common use of Properties; Insurance Clause in Contracts

Properties; Insurance. (a) Each of the Borrower and its Subsidiaries has good title to, or valid leasehold interests in, all its real and personal property material to their business, taken as a whole, except for defects in title that do not interfere with its ability to conduct its business as currently conducted or to utilize such properties for their intended purposes.

Appears in 6 contracts

Samples: Credit Agreement (Medco Health Solutions Inc), Credit Agreement (Medco Health Solutions Inc), Credit Agreement (Medco Health Solutions Inc)

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Properties; Insurance. (a) Each of the Borrower and its Subsidiaries has good title to, or valid leasehold interests in, all its real and personal property material to their business, taken as a whole, except for defects in title that do not materially interfere with its ability to conduct its business as currently conducted or to utilize such properties for their intended purposes.

Appears in 4 contracts

Samples: Credit Agreement (Medco Health Solutions Inc), Credit Agreement (Medco Health Solutions Inc), Credit Agreement (Medco Health Solutions Inc)

Properties; Insurance. (a) Each of the Borrower Company and its Material Subsidiaries has good title to, or valid leasehold interests in, all its real and personal property material to their its business, taken as a whole, except for minor defects in title that do not interfere with its ability to conduct its business as currently conducted or to utilize such properties for their intended purposes.

Appears in 4 contracts

Samples: Credit Agreement (Insight Enterprises Inc), Credit Agreement (Insight Enterprises Inc), Credit Agreement (Insight Enterprises Inc)

Properties; Insurance. (a) Each of the Borrower Company and its Subsidiaries has good title to, or valid leasehold interests in, all its real and personal property material to their its business, taken as a whole, except for minor defects in title that do not interfere with its ability to conduct its business as currently conducted or to utilize such properties for their intended purposes.

Appears in 4 contracts

Samples: Credit Agreement (Schulman a Inc), Credit Agreement (Schulman a Inc), Credit Agreement (Yellow Roadway Corp)

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Properties; Insurance. (a) Each of the The Borrower and each of its Subsidiaries has good title to, or valid leasehold interests in, or right to use, all its real and personal property material to their its business, taken as a whole, except for minor defects in title that do not interfere in any material respect with its ability to conduct its business as currently conducted or to utilize such properties for their intended purposes.

Appears in 1 contract

Samples: Credit Agreement (Pilgrims Pride Corp)

Properties; Insurance. (a) Each of the Borrower and each of its Subsidiaries has good title to, or valid leasehold interests in, or right to use, all its real and personal property material to their its business, taken as a whole, except for minor defects in title that do not interfere in any material respect with its ability to conduct its business as currently conducted or to utilize such properties for their intended purposes.

Appears in 1 contract

Samples: Credit Agreement (Pilgrims Pride Corp)

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